ENDOWMENT CHALLENGE GRANTS.

SEC. 313. ENDOWMENT CHALLENGE GRANTS.(a) Amounts.—Section 331(b) (20 U.S.C. 1065(b)) is amended—(1) in paragraph (2)(B)(i), by striking “$500,000” and inserting “$1,000,000”; and(2) in paragraph (5), by striking “$50,000” and inserting “$100,000”.(b) Technical Assistance.—Section 331 (20 U.S.C. 1065) is further amended by adding at the end the following:“(i) Technical Assistance.—The Secretary, directly or by grant or contract, may provide technical assistance to eligible institutions to prepare the institutions to qualify, apply for, and maintain a grant, under this section.”.